|Bid||96,900.00 x 0|
|Ask||97,000.00 x 0|
|Day's Range||94,700.00 - 97,700.00|
|52 Week Range||50,300.00 - 97,700.00|
|Beta (5Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 22, 2021 - Jul 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 27, 2019|
|1y Target Est||148,500.00|
Asian fuel exporters are hungrily eyeing Australia as the country's shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets. China appears to be best placed to take advantage of the opportunity, industry sources and analysts told Reuters, potentially leapfrogging the current top suppliers Singapore and South Korea in the scramble for a piece of the action. Australia, already the region's largest fuel importer, will likely boost imports by a third next year to 630,000 barrels per day (bpd), according to energy consultancy FGE.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of S-OIL Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 12 January 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
South Korea's S-Oil Corp said on Wednesday refining margins are expected to improve in the fourth quarter, supported by increased demand for kerosene and diesel ahead of the winter season. "However, the rebound would be limited due to re-spread of COVID-19," said the country's third-largest refiner, whose main shareholder is Saudi Aramco, in an earnings statement.